For sale

Price increase: $11.5K (12/3)

$67,000

5315 Interstate Highway 27, Lubbock, TX 79404

3beds

1,104sqft

Est.:

Package Property, Multi Family

Built in 1954

-- sqft lot

$-- Zestimate^®

$61/sqft

$-- HOA

What's special

Investor-friendly 8-property portfolio offering strong occupancy with significant rent-growth and cosmetic value-add potential. All homes are tenant-occupied with consistent rental history but would benefit from light updates to push rents to current market rates. Ideal for BRRRR investors or portfolio builders seeking stabilized cash flow with clear upside. Properties include a mix of 2-3 bedroom homes located in accessible rental areas. Opportunity to reposition these units with minor repairs, improved tenant placement, and rent optimization. Portfolio to be sold only as a group—no individual property sales. Current rents, pro-forma, and financials available upon request.

54 days

269

15

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Interior area

Total structure area: 1,104
Total interior livable area: 1,104 sqft
Finished area above ground: 1,104

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Lot

Size: 7,840.8 Square Feet

Details

Parcel number: R32649

Construction

Type & style

Home type: MultiFamily
Property subtype: Package Property, Multi Family

Materials

Unknown
Roof: Composition

Condition

New construction: No
Year built: 1954

Community & HOA

Location

Region: Lubbock

Financial & listing details

Price per square foot: $61/sqft
Tax assessed value: $47,816
Annual tax amount: $868
Date on market: 10/18/2025
Cumulative days on market: 56 days
Listing terms: 1031 Exchange,Cash,Conventional,Private Financing Available
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$961/mo

Price history

Date	Event	Price
12/3/2025	Price change	$67,000+20.7%$61/sqft
Source: LBMLS #202561972 Report a problem
10/18/2025	Listed for sale	$55,500$50/sqft
Source: LBMLS #202561972 Report a problem
8/16/2012	Sold	--
Source: Public Record Report a problem